When you are starting a new business, it is important to determine the structure that makes the most sense for the needs of your company. Many entrepreneurs start as a sole proprietorship. If you are considering the sole proprietorship, you need to understand the advantages and disadvantages of doing so. Before you make a decision, you should obtain the help of a qualified CPA. 

 

Taxes. If you are self-employed, the myriad tax rules that apply to your income may dampen your entrepreneurial spirit. Especially as the tax year comes to an end. But, taxes don’t have to be such a burden. We’re here to give you some advice on how you can take advantage of tax planning strategies this year. 

It is easy for small business owners to get stuck with questionable business practices, especially when they are in the early stages of development. Sometimes in the zeal to achieve profitability and success, the employees and management take shortcuts. Here are ten frequently overlooked secrets about small business management that will help your company  achieve success:

Cash flow management can make-or-break a company, and if you aren't properly managing the flow of your money, then you are setting your business up for failure. If you want to achieve long-term success with your company, then you need to make sure that you have cash available at all times. 

If you are putting together a startup business, one of the most common problems that you will face is cash flow. How are you supposed to start a successful business if you don’t have any money to build a strong foundation? Startup business loans are a great option to help you get access to the funding that you need. Here are a few things that you need to know if you are trying to use small business startup loans. 

As a real estate investor, bookkeeping is part of your daily life. You have to monitor the cash flow in, and make sure you’re managing your outflow in a profitable manner. For many investors, a paper bookkeeping system is the one they know and use. However, paper may be holding you back; for many, it’s past time to make the switch to an accounting software program. 

Cash flow management can make-or-break a company, and if you aren't properly managing the flow of your money, then you are setting your business up for failure. If you want to achieve long-term success with your company, then you need to make sure that you have cash available at all times. 

Being a good landlord takes practice, and no matter how much you read, there really isn’t a substitute for experience. But if you are thinking about investing in rental property or you are a new rental property owner, there are a few basic rules that will help you hit the ground running.

Starting a business is hard work, and the success rate is low – just look at the first year failure rate. There are many reasons that some business startups are more successful than others and plenty of researchers to ask the questions. One interesting line of inquiry looks at the reasons a person wants to be an entrepreneur. 

As a small business owner, you're probably busy monitoring operations and dealing with everyday problems. But there are five important aspects of your business strategy that you should review and update every year. These updates are essential to maintain successful small business growth strategies.